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@ChristineK: I agree. We do better on the heavier items on Poshmark. Most of our sales are there (but to be honest, most of our listings are in those types as well). I just haven’t seen much traction on the lighter items, so I went big on the items that WERE selling.
@ChristineK: Very nice!
One question. How do you see the sales prices on lighter items on Poshmark? I don’t seem to get much traction there, and when I do, it is for low sales prices. I think this is because the buyer has to pay $6.79 for items that I could ship on eBay for $3-$5, so they want a lower price.
“I love it when a plan comes together…” 🙂
Gonna be looking a upgrading to Anchor level soon. Then every new listing is essentially “free”.
Volume absorption…it is a wonderful thing!
@Mike: Yeah, our SixBit runs fine on the third laptop (mine), but I never upgraded it to Windows 10, and most live stream software I run into needs windows 10.
But, what I may do is get a Webcam for the Desktop. That is where I have dual monitors, so the whole setup would probably run better.
And…I may be purchasing a new desktop to hold the SixBit database, so that it is faster and gives me a better backup option. Maybe hitting up Dustin again soon. Yeah, great guy. All the SixBit folks are…
@Mike: Funny, Veronica and I just realized that we have now had each other in our lives LONGER than not in our lives. Very cool…
Wow Mike, I’m going to say DOUBLE CONGRATULATIONS! First on the 50th Wedding Anniversary, and second that you caught Susan’s cancer so quickly. Very grateful and glad that she will be good. Second Hysterectomy I know of in the past few months…
Let me know when you have any SixBit questions. Time for me to get going on that live stream to answer questions! I have completely slacked in that regard. Mostly tech issues that I just have to spend some time to fix (older laptop not on Windows 10).
And yep, crunching numbers. If only all that crunching helped my abs… 🙂
And you are the embodiment of Jocko on your discipline. My new favorite thing is Akira the Don and what he has done with putting some podcast talks to music. The one with Jocko is absolute fire. Veronica loves it too…
Week of 04/28-05/04
Total Items in Store: 3,224 (Up 54% YOY)
Number of Items Listed: 130
Number of Items Sold: 103 (Up 14% YOY)
(Includes 0 Etsy, 9 Poshmark, 0 Bonanza, 0 TrueGether)
Weekly STR: 14% (Down 3% YOY)Total Product Sales: $2,945 (Up 38% YOY)
Sales Volume Variance to Prior Year: Up $616
Sales Price Variance to Prior Year: Up $187
Cost of Items Sold: $675
Cost of Labor: $177
Highest Item Sold: $200 – Canali Suit
Competition: Highest Priced Sale: Troy wins the week and Veronica leads for the year 11-8.Clothing
# Listed: 1,930
# Sold: 65
STR: 15%
ASP: $27.42Shoes
# Listed: 695
# Sold: 28
STR: 17%
ASP: $31.93Hard Goods
# Listed: 599
# Sold: 10
STR: 7%
ASP: $26.85EBay
# Listed: 3,224
# Sold: 94
STR: 13%
ASP: $25.76Etsy
# Listed: 232
# Sold: 0
STR: 0%
ASP: $0Poshmark
# Listed: 768
# Sold: 9
STR: 5%
ASP: $58.22Love the main topic. For Veronica and I, it is just finding out what we each do well, where we support each other, and treating each other with respect. After almost 24 years of marriage, we have learned that we truly love and respect each other. This includes the annoying things that we do to each other that grates on our last nerve sometimes. Those things just don’t matter. Our marriage and relationship matters.
Plus, we talk about suggestions on improvements to a process. Not “here is a better way”. Just hey, should we think about a change? We don’t put down how the other does things, we suggest how we can improve the business.
And Ryanne and Veronica are similar in giving up a process. Veronica started this business, and this was her baby. When I came in to work it as well, it was very hard for her to give that up. And I have learned so much about the business, what sells, how to photo, etc. I had to learn how to work at home, how this all works, etc.
Success is when we BOTH get better.
Message we received today…
Good Morning,
These shoes are not going to work for me so I am going to resell them. You took such good pictures of them, may I copy and use your pictures for my ad?
That was a first. At least she asked!
05/03/2019 at 7:19 pm in reply to: Scam going around on ebay regarding "activating business card option" #61191@Retro: One thing about misspelled words. Most of these folks intentionally misspell words in these types of emails. Those that don’t catch a misspelled word are also more likely to fall for the scam.
@GoodsbyGarcia: Yep. Most of us full-timers are now Proudly Unemployable…
I had to go into the contract job for 4 days this week. Those days are more difficult to get through than listing (my least favorite activity). I like the work, and the people, but being FORCED to be there (and dealing with bureaucracy…) just suck the life out of me…
!Inglewood: Amen brother!
Hike Your Own Hike. Best line I have learned in my hiking journey. You Do You.
If we were all the same, life would be boring. I love that on YouTube I can go down rabbit holes of subcultures and see other ways of being. It expands the mind and lets in new possibilities. I truly know that if I had to, and was single :-), I could live my life from a van, needing very little, making money online and at poker. Traveling the country, chasing good weather, and needing very little.
Just that knowledge ALONE is worth trying new things.
Seek Discomfort. It is how you grow.
@ryanne: Wow. Only think I know about boats. I hear a lot of people say “The two best days owning a boat are the day you buy it and the day you sell it.”
But, you guys are doing what most people DON’T do. You buy assets. You buy things that go UP in value. Cars and boats go DOWN in value (unless they are collectibles), and cost money to maintain (which are costs you CAN’T use to reduce your taxes.
@MarkS: Thanks. I’m not sure “control” is a good word though. Surfing more like it. Or keep with the captain of our ship theme.
There are lots of waves that are always coming at you, but also winds that you can use to your advantage, and stars to guide you. Roiling waters beneath you, but keeping to a goal in sight, use good tools to navigate yourself toward your goal.
You can’t control everything, but you can control yourself.
So for me, it is all about trends and comparisons. And like I always say, what are the numbers telling me?
Numbers can be accurate, but they really need context to be able to tell a story and provide meaning. That is one reason that I love this forum for reporting numbers. It puts all our numbers into some context.
This is why I keep numbers on a weekly and monthly basis. I can compare to prior periods, prior years, look at seasonal trends, etc.
I love this thread.
For us, it was independence. Most of our current culture is developed around being an employee. Succeeding in school is mostly about how to follow directions and please the teacher. That continues in most college classes as well. And many of those classes are designed to teach people how to get a high paying job that will also come with a 60-80 hour work week. Do that for 40 years, so that when you old and worn out and have little family relations from the grind you just went through, you can retire.
Yeah…no. That isn’t for us. It works for many people, and that is fine for them.
I fell right into that trap. Being good at all those skills put me right on that path. The good news was, I married above my station to someone who thinks and sees life differently. So the path changed.
Now it is about maintaining our own life our way. When we want to see family, we do. When we want to take a day off, we do. We still bust our butts at this (we are the same in that regard), but WE decide. And WE get to keep the fruits of OUR labor, and WE get to decide who to spend that money on. And WE get to decide what the business does next.
And since we are in charge of the ship, we know that we can weather the storm. We don’t fear the storm and what that will do to our job. We EXPECT the storm (cause there is always one coming) and we plan for it and we know that we will navigate through it.
Running your own ship provides a much different perspective on life.
Like many others here, our next investment will be in either a business or real estate. We are really getting close to pulling the trigger. Still more work and capital to build, but eBay is but one leg we plan to build on.
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